Martie Gillen

Oct 25, 2023 | thenbxpress.com | Barbara O’Neill |Martie Gillen |Sue Miklovic

Payments on federal student loans have been suspended, without interest, since March 2020. After a 42 month hiatus, payments will resume for borrowers in October 2023. Borrowers are encouraged to make sure their contact information is up to date with their current loan servicer, as the U.S. Department of Education will notify borrowers when their specific payment is due this month. More than three years of suspended payments is a long time. A lot can happen in borrowers’ lives.